Industry News

Thrifts gain mortgage market share, see higher losses

OTS report says S&L profits down 84%
Published on Nov 21, 2007

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Thrifts — savings and loans institutions that use depositor’s funds to make loans — increased their share of originations of mortgages for one- to four-family homes to 30 percent during the third quarter, compared with 21.5 percent a year ago. ...